A) Ministry of Agriculture
B) Ministry of Urban Development
C) Ministry of Commerce and Industry
D) Ministry of Rural Development
Correct Answer: C
Solution :
A special economic zone (SEZ) is a geographical-region that is designed to export goods and provide employment. SEZs may be exempt from laws regarding taxes, quotas. Foreign Direct Investment (FDI)-bans, labour laws and other restrictive laws in order to make the goods manufactured in the SEZ at a globally competitive price.
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